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help please this is all one problem. Following are accounts and balances, in random order, from the adjusted trial balance of Deck Corp. at December
help please this is all one problem. Following are accounts and balances, in random order, from the adjusted trial balance of Deck Corp. at December 31 . Debits equal credits, all amou 1. Debits equal credits, all amounts are correct, all accounts have normal balances, and a perpetual FiFO inventory system is used. Note: Do not use negative signs with any of your answers. b. Prepare a classified balance sheet. Note: Do not use negative signs with any of your answers. Investments Land, building, and equipment Intangible assets Other assets Liabilities 5 Current liabilities Long-term liabilities Stockholders' Equity c. Assume that between December 31 and issuance of the financial statements, a flood damaged the finished go statements. However, disclosure in the current year's statements is required. Prepare the necessary disclosure. Note: if no journal entry is required, select "*No journal entry is required " and place a zero in the number cell. Note A: On (date), a severe flood damaged the in an amount estimated to 5, a flood damaged the finished goods inventory in an arnount estimated to be $24,000. This event has not been (and should not have been) recognized in the current year Prepare the necessary disclosure. id place a zero in the number cell. in an amount estimated to be 5
help please this is all one problem.
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